Jones, who checks in at 108th on the Forbes.com list of richest Americans at $3.6 billion in net worth, is expected to flip the switch on the legendary holiday lights spectacle at his Belle Haven compound as early as this weekend.

In the past, carloads of spectators have waited in line for close to an hour to see the display, which is synchronized to music on a short-range FM radio station and reportedly costs several hundred thousand dollars. In previous years, the show's centerpiece featured an archway of lights over the driveway, with elves passing Christmas presents to each other and a 16-foot-in-diameter lighted replica of planet Earth gracing the home's facade.

Jones, the man behind the Tudor Group and Tudor Investment Corp., typically hires Greenwich police officers to direct traffic through the private neighborhood.

Belle Haven sustained considerable flooding during Superstorm Sandy, which could delay the start of the display.

The final night of the lights show is expected to be Dec. 22.

Those familiar with the tight-lipped hedge fund manager have described the holiday spectacle -- a tradition that is reported to have started in 2000, culminated the first year with a private Christmas party headlined by the Rockettes and has been replicated for Halloween and Thanksgiving -- as typical of Jones' goodwill toward the community and especially children.